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IDB warns Bahamas on rollover ‘difficulties’
The Bahamas has been warned it may “face difficulties to roll over existing debt” in the medium-term if market conditions do not improve with almost $900m in external foreign currency loans coming due in the next two years.
Raising ‘Freeport out of the ashes’
The Government and Grand Bahama Port Authority’s (GBPA) owners were yesterday warned the latter’s 3,000 licensees must “have a say” over any changes to its ownership and Freeport’s founding treaty.
Settle $29m Exuma cays dispute ‘once and for all’
The ownership of two disputed Exuma cays, valued at a collective $29m, must be settled “once and for all”, a Bahamian attorney is urging.
Penalty for small amount of cannabis higher than other Caribbean countries
THE penalty for having a small amount of cannabis in The Bahamas would be higher than most countries in the Caribbean that have decriminalised the drug if the Davis administration’s proposed legislation becomes law.
‘CANNABIS DRAFT BILL INADEQUATE’: Rastafarian community dissatisfied with location limit for religious use
THE Rastafarian community is not satisfied with the Davis administration’s proposal for legalising cannabis for religious purposes, calling the draft bills inadequate.
The Bahamas finishes third in the CARIFTA triathlon
THE host country finished third at the 2023 CARIFTA Triathlon and Aquathlon Championships this past weekend at Goodman’s Bay. The Bahamas accomplished a much better showing at home following last year’s fifth place finish in Bermuda. Barbados repeated as champions once again, earning a first place finish at the event.
Champions crowned at AID Clay Court Championships
THE 29th edition of the Automotive and Industrial Distributors (AID) Limited Clay Court Championships culminated after two weeks of competition at the Gym Tennis Club in Winton Meadows.
Serial groper falsely blamed of attempting to abduct girl
POLICE took Sidney Cooper, a serial groper whose prison release authorities publicised, into custody for his own protection yesterday after he was wrongfully accused of trying to abduct a 12-year-old girl.
MARIJUANA LEGAL PLANS REVEALED: Bills would ease restrictions on religion and medicine use - but recreation ‘an offence’
THE Davis administration released a compendium of bills that would transform cannabis use in The Bahamas from a strictly illegal activity to an industry regulated for medical, recreational, religious and scientific research purposes.
Unlocking athletic performance: Essential role of fats in an athlete’s diet
AS athletes, we often hear about the significance of proteins and carbohydrates in fuelling our workouts and competitions.
CARIFTA Triathlon and Aquathlon gets underway for first time in The Bahamas
THE Bahamas Triathlon Association (BTA) will host the 2023 CARIFTA Triathlon and Aquathlon for the first time in New Providence, Bahamas, this Saturday and Sunday at Goodman’s Bay.
STATESIDE: Too early to pick from a crowded field of alternatives should Trump falter
ALL the talk these days is about an election still 15 tortuous months away in the future. There’s breaking news out of Iowa, where the numerous Republican also-rans were scrambling to gain some traction – any traction – ahead of last evening’s first GOP debate of this endless political season and the looming first-in-the-nation Iowa caucuses scheduled for January 15.
FTX US chief blasts ‘meddling’ liquidators
FTX’s US chief has resumed battle with the crypto exchange’s Bahamian liquidators by asserting that their “meddling is hindering” efforts to return recovered assets to former clients and creditors.
FTX’s Bahamas properties rack up $450k unpaid fees
FTX’s US chief has revealed that the collapsed crypto exchange’s Bahamian property empire has amassed $450,000 in unpaid fees to local services providers over the ongoing impasse over how to sell the portfolio.
FTX Bahamas demanding $9.15bn from US affiliates
FTX’s Bahamian liquidators are seeking to recover a total $9.15bn from the crypto exchange’s US entities with some 84 percent of this sum involving assets that were “misappropriated” prior to its late 2022 collapse.
Devynne Charlton hurdles to finals, Anthonique Strachan advances to semifinals of the 200 metres
Following a record-breaking performance on Tuesday, Devynne Charlton remained poised in the 100 metre (m) hurdles semifinals yesterday and booked her ticket to today’s finals.
We should not go cashless
Glad to see at least one Minister, Fred Mitchell is openly against cashless society... we, all those that totally disagree with the cashless stupidity, are supported that recent Central Bank stats indicate in a quarter the ‘wallets of these digital things’ the deposits in them decreased - dropped by over $31m. Seems the consumers are saying... be gone!
Three men plead not guilty to charge of possession of a firearm and ammunition
THREE men were granted bail after they were accused of having a loaded firearm in their vehicle on Soldier Road last weekend.
Man fined $2,500 for marijuana valued at $1,300 found in his closet
A MAN was fined $2,500 yesterday after he admitted to having $1,300 worth of marijuana hidden in his bedroom closet on Monday.
Coleby Davis to meet with Hope Town District Council on boat fees
TRANSPORT and Housing Minister JoBeth Coleby Davis said officials would meet the Hope Town District Council this week to discuss the increase in boat registration fees, which they called outrageous.